Birkenstock Closer to Dominating Premium Casual Footwear Space -- Market Talk

Dow Jones

2024/12/20

1235 ET - Birkenstock's latest earnings report is close to the bar, or maybe slightly below it, but the main positives are its quarterly revenue and adjusted Ebitda margins beats, UBS analysts say in a research note. The sandal maker also indicated that its strong growth outlook is intact, the analysts say. "We continue to believe Birkenstock has the potential to expand its dominance as a premium casual footwear brand on a global basis," the analysts add. Shares slip 0.4% to $56.95. (sabela.ojea@wsj.com; @sabelaojeaguix)

(END) Dow Jones Newswires

December 19, 2024 12:35 ET (17:35 GMT)

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The sandal maker also indicated that its strong growth outlook is intact, the analysts say. \"We continue to believe Birkenstock has the potential to expand its dominance as a premium casual footwear brand on a global basis,\" the analysts add. Shares slip 0.4% to $56.95. (sabela.ojea@wsj.com; @sabelaojeaguix) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 19, 2024 12:35 ET (17:35 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4202","symbol_name":"服裝、服飾與奢侈品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492010151","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492010151","pubTimestamp":1734629700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1235 ET - Birkenstock's latest earnings report is close to the bar, or maybe slightly below it, but the main positives are its quarterly revenue and adjusted Ebitda margins beats, UBS analysts say in a research note. 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The sandal maker also indicated that its strong growth outlook is intact, the analysts say. \"We continue to believe Birkenstock has the potential to expand its dominance as a premium casual footwear brand on a global basis,\" the analysts add. Shares slip 0.4% to $56.95. (sabela.ojea@wsj.com; @sabelaojeaguix) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 19, 2024 12:35 ET (17:35 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}